Claim your free 2010 double sided wall chart
But the admission did not stop Mark Hurd, chief executive, from assuming the additional role of chairman after Patricia Dunn resigned yesterday, three months ahead of schedule, over her role in the leak investigations.
Mr Hurd’s part in the so-called “tracer email” scandal was disclosed at a press conference after the US markets closed last night. Investigators looking into boardroom leaks planted fictitious emails with journalists, hoping they would be forwarded to the journalists’ sources.
The company hired private investigators to find out who was telling the media about secret board meetings, after it ousted Carly Fiorina as chief executive in 2005. HP decided that George Keyworth, a long-term director, was doing the leaking. When Mr Keyworth was accused at a board meeting on May 18 he refused to resign but Thomas Perkins, another director, quit in protest, prompting the California investigation.
Morgan, Lewis & Bockius, the law firm that began looking into HP’s boardroom leak investigation on September 8, found that, although Mr Hurd authorised the planting of information, he played no part in the use of the tracer email.
In the company’s first comments since the scandal began to unfold earlier this month, HP admitted that it had fraudulently obtained phone and fax records of nine journalists or family members, seven former board members and two existing HP employees. Fighting back tears, Mr Hurd said: “This is a complicated situation and the more I look into it, the more complicated it becomes.
“I take full accountability to get this right. Our job is to fix this and get back to the job of running the business.”
HP also admitted surveying a journalist at her home and an HP board member in Colorado. The social security numbers of three journalists and three current or former board members were obtained and used to secure information about phone calls, the company added.
HP’s leak investigation is also under scrutiny from Bill Lockyer, the California attorney-general, the Justice Department and the Securities and Exchange Commission.
Mr Hurd has agreed to testify to the House Energy and Commerce sub-committee on oversight and investigations scheduled for next Thursday, after Mr Lockyer threatened to issue subpoenas to HP because of what he described as a lack of co-operation in his criminal investigation.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
2004
£56,950
Essex
Check your free Experian credit report before applying
Car Insurance
c. £70,000
The Duke of Edinburgh’s Award
Windsor
£123,460 pa
The Law Commission
London
Southwark County Council
£100,000
Home Office
Liverpool
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Includes flights, accommodation with room upgrades, transfers city tours in Hong Kong and Bangkok.
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
Choose from the beautiful landscape and tranquil beaches of Oahu, Kauai, Maui & Big Island.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.